1807 $2 1/2 MS61 PCGS....

Description

Pleasing 1807 Quarter Eagle, MS61

1807 $2 1/2 MS61 PCGS. Breen-6124, BD-1, R.3. This
attractive representative boasts a pleasing mixture of green-gold
alloy and reddish patina. The strike is considerably above-average
for the issue and, while certainly present, adjustment marks are
almost exclusively confined to the central reverse. Overall, we
could hardly imagine a more desirable representative at such a
modest Mint State grade level and, as such, an ideal Capped Bust
Right type candidate.
The Capped Bust Right quarter eagles struck from 1796 to 1807 are
among the more challenging type coins in the U.S. series. From the
beginning, the quarter eagle denomination has played second fiddle
to its larger half eagle counterpart. For the entire series just
19,487 coins were minted, including 6,812 pieces in 1807. That
makes this issue the most often available to collectors for type
purposes. In addition to the already low mintage, many of the gold
coins struck during this period succumbed to the mass melting of
the pre-1834 period. Only decades later, when greater gold reserves
were discovered in the hills of North Georgia, the content of all
gold denominations was reduced, and federal legislation eased the
pressure on the price of gold, did production increase and gold
coinage begin to circulate freely. Breen-6124, BD-1, R.3.
Population: 6 in 61, 21 finer (6/09).Ex: 2007 FUN Sale (Heritage, 1/2007), lot 3390.
From The Wisconsin Gold Type Set Collection.(Registry
values: P5) (NGC ID# 25FC, PCGS# 7656)